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TAX, FINANCE AND BUSINESS INFORMATION SPECIFICALLY FOR PSYCHOLOGISTS
Accountant for Psychologists Blog Posts


YOU NEED A CONTINGENCY PLAN
If you run your own psychology practice, it’s important to think ahead about what would happen to your business and your clients if you were suddenly unable to work due to illness, incapacity, or death.


YOUR WILL, POWER OF ATTORNEY & ADVANCE CARE DIRECTIVE
It’s never easy to think about “what if” scenarios, but having the right legal documents in place gives both you and your loved ones peace of mind. By preparing a Will, Power of Attorney and an Advance Care Directive, you’re making sure your wishes are clear, your assets are protected, and your family won’t be left with unnecessary stress when tough decisions arise.


TAX RETURN FAQs FOR PSYCHOLOGISTS
When is my tax return due? What if I don’t get a refund? We’ve got the answers to your top tax time questions.


AVOID THE TAX INSTALLMENTS TRAP
Don't Get Caught Short Like Elisa* Did If you're a self-employed psychologist or running your own practice, it's easy to think you're...


Paid Parental Leave Superannuation Update
Superannuation Will Be Paid on Government PPL From July 2026 , super contributions will be made on government-funded parental leave...


Spring Clean your Business Finances for Psychologists
Spring is the perfect time to reset and refresh. If you're a psychologist in private practice, a tidy-up now can set you up for a smoother, more profitable end to the year.


HIRING YOUR FIRST EMPLOYEE - WITH CHECKLIST
HIRING YOUR FIRST TEAM MEMBER? Here's what to consider Taking the leap from solo practice to bringing on your first employee is a big...


TAX DEDUCTIONS FOR SELF EDUCATION FOR PSYCHOLOGISTS
Investing in Yourself - Tax Deductions for Self Education for Psychologists As a psychologist, staying up to date with the latest...


HELPING YOUR CHILDREN GET INTO THE PROPERTY MARKET
SHOULD YOU BE THE 'BANK OF MUM & DAD'? Many parents would rather help their children when they need it most, instead of waiting to leave...


IS IT TIME TO REFINANCE YOUR MORTGAGE?
All you need to know about refinancing your home loan.


FIRST HOME OWNER INCENTIVES - A QUICK GUIDE
If you’re a first home buyer, you may be able to secure state or federal government assistance when buying your property.


THERAPY ANIMALS - CAN A PSYCHOLOGIST CLAIM A TAX DEDUCTION FOR A THERAPY DOG OR A THERAPY HORSE?
Recently, a few psychologists have asked me about whether costs related to a therapy animal can be tax deductions. The answer is it...


HOW TO BE ABSOLUTELY PREPARED FOR YOUR TAXES
1. Create a Separate Bank Account for Tax Money Setting up a dedicated bank account for your tax savings can help you keep track of how...
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